3 Reasons Your Readmission Rates Are Too High
Chances are, whether your on the administrative or clinical side of hospital operations, lowering readmission rates is high on your priority list. For administrators and financial officers, lowering the costs accrued from readmissions is paramount to staying under budget and for doctors and nurses, having patients prepared for life at home after discharge is the mark of truly community minded care. The patient-centered medical home purports medical decision making as an equal playing field; particularly when it comes to post-discharge measures of patient care.
ICD-10 Delay: Does ICD-10 Lack Clinical Value?
ICD-10 was delayed once again as part of a bill that was meant to fix the physician reimbursement issues with Medicare. The ICD-1o delay was merely a footnote in a jam-packed bill that was going to make many doctors very happy; incidentally, pushing out the date for ICD-10 implementation also pleases many physicians. Some have gone so far as to say, on record, that ICD-10 lacks clinical value.
Hospital Acquired Infections: The Diagnosis That Could Have You Paying an Extra $40,000 Per Patient
Hospital Acquired Infections (HAIs) occur when a patient is exposed to a bacterium, virus or fungi during their hospital stay that leads to an additional condition. These additional conditions can cost hospitals thousands of dollars in lost revenue.
Observation Units – Bridging the Gap Between Inpatient and Outpatient
What is CMS doing to reduce healthcare costs? CMS has added observation units which are an additional level of care between inpatient and outpatient.
What Are Observation Units?
In general, observation units are used to bridge the gap between inpatient and outpatient. They are designed for the patient in which the attending physician cannot determine whether a patient should be classified as outpatient (released within 48 hours) or inpatient (expected to stay at least 2 midnights). The observation units enable the physician to have a bit more time to stabilize the patient and based on medical necessity determine the estimated length of stay. They are billed as outpatient and do not count toward an inpatient admission.
Intersection of Healthcare & IT Infographic
What is health informatics? What disciplines does it encompass? What is the intersection with IT?
How the Health Care Plan Costs Add Up
What makes up the federal deficit? What will the costs be by 2019? How are those costs paid? How do the exchange subsidies factor in? How about the Medicaid expansion? How about the individual and employer mandates or more appropriately the penalties for noncompliance?
Top 5 Reasons Hospitals are Losing Money
So you know the major reasons why hospitals are losing money? Follow BHM Healthcare Solutions to stay updated on the reasons hospitals are losing money and much more.
EHR Meaningful Use 101: What Does it Mean for the Future
In our previous post we discussed how we were going to take a step back and cover the basics of EMR and Meaningful Use. Last week we published a post that discussed the definition of Meaningful Use entitled EHR Meaningful Use 101: Defining Meaningful Use. This week we will talk about what the future of […]
Predictive Modeling Can Save Healthcare
From the Affordable Care Act (ACA) to state wide reform initiatives, the pressure is on for healthcare providers to offer maximum quality healthcare to increasing patient populations at a more affordable rate. Couple this with pressure to integrate healthcare, increase communication, ensure privacy, and reduce risk and you have a pressure cooker of factors that are driving Healthcare providers to find fast, sustainable solutions. One of those solutions is the application of predictive modeling.